Catalyzing Growth for Startups and Our Communities
Are you a startup ready to significantly impact your local economy? Are you a revenue-generating startup ready to take your growth to the next level? Fractio Boost, powered by Fractio, is here to fuel your success. Fractio Boost is an innovative funding program that connects ambitious startups like yours with short-term investors and fractional talent. We will provide sales and marketing resources tied to specific, high-impact work that will accelerate your go-to-market, sales, and marketing efforts. It is an innovative program that empowers promising startups with resources, expertise, and support. We’re not just investing in individual companies; we’re investing in the future of our communities.
Is Applying to Fractio Boost Right for You?
✅ Your US-based startup is based or has an emphasis on an area in which Fractio operates (see FAQ for the list)
✅ Your startup in a space that matches one or more of our investor network’s thesis
✅ Your startup is already generating revenue
✅ You have a proven product-market fit
✅ You need additional capital to scale your marketing and sales
✅ You’re ready to work with experienced fractional talent
✅ You have a proven product or service with potential for significant local impact
✅ You’re committed to creating jobs and also driving innovation in your community
✅ You’re ready to scale responsibly and contribute to your city’s economic growth
Think you may qualify? If this sounds like you, it may be time to boost your impact with Fractio Boost!
FAQ
- Who is eligible to apply for Fractio Boost? Fractio Boost is designed for startups that are already generating revenue and have a proven product-market fit, and a commitment to local economic growth in the following metropolitan areas: Tampa Bay, Orlando, Miami, Austin, Houston, Dallas, Raleigh, Washington DC, Denver, Philadelphia, and New York City, and Boston.
- How much funding can I receive? Qualifying startups that are selected will be eligible for sales and marketing resources allocated from the Fractio Boost program. Selected startups will have the opportunity to discuss funding terms in more detail prior to being accepted to the program.
- Is Fractio Boost a grant? No it is not. It is a short-term investment in your startup in the form of professional marketing and sales resources. You will negotiate terms of the investment with independent investors who are part of the program. This flow of funds will be from our investor network to Fractio to fund your use of marketing and sales resources.
- How does Fractio Boost support the local economy? By helping startups create jobs, drive innovation, and strengthen the local business ecosystem in their communities.
- What kind of support can I expect? You’ll receive hands-on execution support, guidance, and connections to help your startup grow sustainably.
- What is the statement of work that is part of being accepted into program? If your startup is selected to receive funding, Fractio will issue a Mutual NDA agreement and a statement of work (SOW) which outlines the specific work to be completed using the Fractio Boost funding, typically over a 3-6 month period.
- How is Fractio Boost different from other funding programs? Fractio Boost combines funding with access to fractional talent, ensuring your capital is used efficiently to drive growth. It focuses on both individual startup sustainability, growth, and broader community impact, creating a win-win for your business and your community.
- When does the program start? The Fractio Boost program launches on October 1, 2024, but startups are always welcomed to apply anytime. Applications are reviewed on a rolling basis by Fractio’s selection committee.
Have more questions? Contact us at team@fractio.co.
